Material resource planning
Giunipero, Larry C. Management Department, College of Business, Florida State University, Tallahassee, Florida.
Last reviewed:January 2020
- Dependent and independent demand
- Material resource planning
- Model system
- Related Primary Literature
- Additional Reading
A formal computerized approach to inventory planning, manufacturing scheduling, supplier scheduling, and overall corporate planning. The material requirements planning (MRP) system provides the user with information about timing (when to order) and quantity (how much to order), generates new orders, and reschedules existing orders as necessary to meet the changing requirements of customers and manufacturing. The system is driven by change and constantly recalculates material requirements based on actual or forecasted orders. It makes adjustments to deal with possible problems prior to their occurrence, unlike traditional control systems, which looked more at historical demand and reacted to existing problems. Material resource planning (MRP II) evolved from material requirements planning when it was recognized that most of the major data needed to manage a manufacturing or distribution firm could be obtained from the material requirements planning information. The ability of a material resource planning system to meet the various needs of manufacturing, materials, and marketing personnel within a changing business environment contributed to its implementation by manufacturing companies. Enterprise resource planning (ERP) systems evolved from MRP II systems. ERP enabled companies to integrate business processes across all functions using one common database. ERP systems provide users with real-time information and are extensively used in both the manufacturing and services sectors. See also: Manufacturing engineering
The content above is only an excerpt.
for your institution. Subscribe
To learn more about subscribing to AccessScience, or to request a no-risk trial of this award-winning scientific reference for your institution, fill in your information and a member of our Sales Team will contact you as soon as possible.
to your librarian. Recommend
Let your librarian know about the award-winning gateway to the most trustworthy and accurate scientific information.
AccessScience provides the most accurate and trustworthy scientific information available.
Recognized as an award-winning gateway to scientific knowledge, AccessScience is an amazing online resource that contains high-quality reference material written specifically for students. Contributors include more than 10,000 highly qualified scientists and 46 Nobel Prize winners.
MORE THAN 8700 articles covering all major scientific disciplines and encompassing the McGraw-Hill Encyclopedia of Science & Technology and McGraw-Hill Yearbook of Science & Technology
115,000-PLUS definitions from the McGraw-Hill Dictionary of Scientific and Technical Terms
3000 biographies of notable scientific figures
MORE THAN 19,000 downloadable images and animations illustrating key topics
ENGAGING VIDEOS highlighting the life and work of award-winning scientists
SUGGESTIONS FOR FURTHER STUDY and additional readings to guide students to deeper understanding and research
LINKS TO CITABLE LITERATURE help students expand their knowledge using primary sources of information